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Tarry Shebesta

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Thanks to the tireless work of the National Vehicle Leasing Association (NVLA) and other industry groups, President Bush signed a federal transportation bill eliminating vicarious liability nationwide in August 2005. Residents of New York, Rhode Island and Connecticut can now use the services of LeaseCompare.com to save money on their auto leases. LeaseCompare.com gives consumers an alternative to dealership leasing by offering competitive financial sources their local dealers may not have access to.

With the volatility of gasoline prices, leasing a car makes sense. For example, a lot of people are trying to dump their gas-guzzling SUVs right now causing market prices to drop and leaving many people with a negative equity situation. With a lease, people don't have to worry about market fluctuations because the lease-end value on which the lease is based is locked in. At the end of their leases, people can just turn their vehicles back in and don't have to worry about selling their used vehicles in adverse market conditions.

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